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Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar. 16 Purchase Mar.23 Purchase Number of Units
Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar. 16 Purchase Mar.23 Purchase Number of Units 1,090 540 380 530 Unit Cost $7.24 7.74 8.34 9.04 Marvin sold 1,890 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $9,323. O O $5,792 O $1,261. $7,892
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